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Visa launches Visa Commerce Network

01 Feb 16 @ 12:12

Visa Inc. has launched Visa Commerce Network, a new way for merchants to create online and in-app commerce experiences to acquire new customers, drive loyalty and increase sales with relevant offers.... read more

Visa accounts for 61% of contactless card payments in Europe

01 Feb 16 @ 12:02

Contactless card payments achieved a breakthrough in Europe in 2014, as the number of payments grew by 155% – a figure which is forecast to continue to soar over the... read more

Are You Choosing The Right Payment Processing Solution?

29 Jan 16 @ 13:12

[rev_slider Openly]   Thirteen global Card & Merchant Management Systems were profiled in 2015 by Ovum’s independent analyst and classified in three categories: Market Followers, Market Challengers and Market Leaders.... read more

Building on the Blockchain

29 Jan 16 @ 11:27

Following the announcement by more than 20 of the world’s largest banks that they are collaborating to develop common standards for Blockchain technology, PCM examines the implications of a decentralised,... read more

European privacy regulation moves forward

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more

Growth in card fraud outstrips sales growth

29 Jan 16 @ 10:53

Fraud losses are at record levels worldwide. Card fraud worldwide grew 19 percent last year compared to card sales which grew only 15%, according to figures released by the Nilson... read more

Counting the costs of cybercrime

29 Jan 16 @ 10:38

The recent publication of cybercrime statistics by the Bundeskriminalamt (BKA), the German Federal Criminal Office, raises almost as many questions as it answers. As with any official cybercrime statistics, perhaps... read more

Electronic payments grow faster than GDP across all regions

28 Jan 16 @ 13:38

Non-cash payment volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at... read more

Worldwide Smartphone shipments surpass 1.4 billion in 2015

28 Jan 16 @ 11:37

A strong holiday quarter boosted worldwide smartphone shipments to new record levels thanks to robust product offerings at numerous price points in both mature and emerging markets. According to preliminary data... read more

Bank of England develop blueprint to facelift UK payments system

28 Jan 16 @ 11:06

The Bank of England is set to develop a blueprint for the modernisation of the UK payments system. The document will highlight the changes from a 20-year old real-time gross settlement system to... read more

The changing payments landscape

27 Jan 16 @ 10:21

It was only a few years ago that banks owned the financial sector – the only way to pay, transfer and save money was via a traditional bank. The supremacy... read more

TSYS to acquire TransFirst for $2.35 billion

27 Jan 16 @ 09:05

TSYS announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading US merchant solutions provider, in an all-cash transaction valued... read more

MasterCard introduces MasterCard Instalments

26 Jan 16 @ 14:44

MasterCard has announced the upcoming launch of MasterCard Instalments, an innovative way to pay that offers consumers flexible and convenient access to funds when needed. With MasterCard Instalments, cardholders will be... read more

Global study shows increasing security risks to payment data

26 Jan 16 @ 13:47

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organisations to improve... read more

Rambus acquires Bell ID

26 Jan 16 @ 12:08

Rambus has announced it has acquired Smart Card Software Ltd which includes Bell Identification (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software,... read more

Mobile Payments Index: a third of global online transactions now mobile

26 Jan 16 @ 12:03

The 2015 Q4 edition (Sept-Dec) of the quarterly Mobile Payments Index, which tracks mobile payment data from browser-based transactions across Adyen’s customer base has been released. The key finding of this Mobile... read more

45 leading banks sign up to SWIFT global payments initiative

25 Jan 16 @ 16:44

SWIFT says that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from... read more

VTB signs e-commerce partnership with Alibaba Group and Ant Financial in Russia

25 Jan 16 @ 16:23

VTB Bank and Ant Financial Services, China’s leading e-commerce and mobile financial service provider have today signed a memorandum of understanding at the World Economic Forum in Davos, Switzerland. Under this... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more